Summary - Site At Corner Of Vaughan Way & St Margaret's Way, Leicester, Leicestershire LE1 4SB
1 bed 1 bath Land
**Standout Features:**
- **Total Area:** Approximately 0.378 acres (0.153 hectares)
- **Location:** Corner site at Vaughan Way & St Margaret's Way, Leicester
- **Planning Permission:** In progress for a 104-unit residential scheme
- **Proximity to Amenities:** Near Highcross Shopping Centre and major transport links
- **Neighborhood:** Multicultural community with young ethnic populations
**Potential Downsides:**
- **Crime Rate:** High in the local area
- **Area Deprivation:** Classified as deprived
- **Educational Institutions:** Mixed Ofsted ratings at nearby schools
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This exceptional development opportunity is located at the bustling intersection of Vaughan Way and St Margaret's Way in Leicester, encompassing approximately 0.378 acres of vacant land ready for immediate development. With planning consent underway for a potential residential project of 104 units, this site presents a lucrative investment for developers looking to tap into the burgeoning demand for modern housing in urban settings.
Situated just moments from the Highcross Shopping Centre and surrounded by new developments, the property enjoys a prime position that is both convenient and attractive. Although the local area does face challenges like high crime rates and socioeconomic deprivation, its vibrant multicultural community brings a unique character to the neighborhood. Furthermore, the fantastic walkable and cyclable amenities in the vicinity make this location appealing for future residents.
Given the potential for significant returns, this property represents an exclusive opportunity for savvy investors or developers—be ready to act, as opportunities like this are rare and may not last long!
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